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Laser Energetics, Inc. (LNGT)

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Last Post: 5/30/2018 10:57:59 AM - Followers: 166 - Board type: Free - Posts Today: 0


PLEASE NOTE: LNGT's former website is no longer actively registered to the company
The website is in no way related to Laser Energetics Inc. and may be considered NSFW


Laser Energetics, Inc.

New Jersey Bankruptcy Court
Chapter 7  
Judge: Christine M Gravelle
Case #: 3:16-bk-18628
Case Filed: May 02, 2016
Creditor Meeting: Jul 06, 2016
Claims Deadline: Nov 03, 2016
Laser Energetics, Inc.
PO Box 7637
Princeton, NJ 08543-7637
Represented By
Santo Bonanno
contact info
Last checked: never  
Andrea Dobin
Trenk DiPasquale 427 Riverview Plaza
Trenton, NJ 08611
Represented By
Andrea Dobin
contact info
Thomas Michael Walsh
Trenk, Dipasquale, Et Al.
contact info
Docket last updated: 06/28/2016 1:58 PM EDT
Monday, May 02, 2016
    Receipt of filing fee for Voluntary Petition (Chapter 7)([LINK 16-18628 ) [misc,volp7a] ( 335.00) Filing Fee. Receipt number A31985677, fee amount $ 335.00. Related [+] (U.S. Treasury)
Related: [-] Doc#1
1   1 Chapter 7 Voluntary Petition Filed by Santo Bonanno on behalf of Laser Energetics, Inc.. Disclosure of Compensation for Attorney For Debtor05/16/2016. Incomplete Filings due by 05/16/2016. (Bonanno, Santo)
Related: [-]
3   3 Notice of Missing Documents. Related [+]. Missing Documents: Summary of Assets and Liabilities for Non-Individuals, Declaration Under Penalty of Perjury For Non Individual Debtors, Statement of Financial Affairs For Non-Individuals, Atty Disclosure Statement, Physical Street Address and Schedules A/B,D,E/F,G & H. Incomplete Filings due by 5/16/2016. (pbf)


Laser Energetics Out, Lawsuits Linger

Laser Energetics, a maker of nonlethal laser weaponry, has left its Quakerbridge Road office amid lawsuits by several former business partners. Calls to Laser Energetics’ listed numbers were not answered.

The company’s stock was trading for one hundredth of a cent on the OTC market as of December 8, down from a high of $1 in 2006.

In 2013 a Philadelphia LED lighting company called Light Pod Inc., sued Laser Energetics and its CEO, Robert Battis, for breach of contract. The suit accused Battis of licensing Light Pod’s lighting technology, which had been approved for use on board Navy vessels. According to the suit, Battis told Laser Energetics, and its CEO, Lothar Budike Jr., that they could ramp up manufacturing of Light Pod’s solid-state LED lighting technology and sell $250 million worth of them over the next seven years.

The lawsuit claims Battis also told Light Pod that Laser Energetics had entered a $300 million contract with the Saudi Arabian government to supply LEI’s Dazer Laser weapon, and that he would use those funds to build manufacturing capacity for Light Pod devices.

Light Pod accuses Laser Energetics of failing to make more than $2 million of monthly payments that it owed for the lighting technology. The suit says Battis secured a $45 million order from the Navy for the light fixtures, but lost the contract because Laser Energetics could not fulfill the order.

Light Pod’s lawsuit, which is currently being litigated in state Superior Court, is not the only legal challenge to Laser Energetics.

A minority investor, Phillip Risko, filed a lawsuit in May that accused Battis, his son Ryan, and an employee, Daniel Colon, of never manufacturing the laser weapons it claimed to sell. The lawsuit accuses LEI of transferring its patents to new companies in Oklahoma and Florida. Risko also said the sale to Saudi Arabia and an investment deal it claimed it had with CACI International never existed.

Laser Energetics was founded in 1991 and was known for its laser weapons, which it claimed could incapacitate people, making them feel nauseous and disoriented, without permanently injuring them (U.S. 1, September 9, 2009).

At that time Battis was quoted as saying that he was looking for a large facility in Mercer County in which he would manufacture the dazers. He planned to hire “hundreds” of workers at all levels and said that he was about to seek incentives from the government to create the jobs.

A 2010 news report in U.S. 1 said that the firm had contracted with Israel’s Department of Corrections to sell the weapon, which it called the “Dazer Laser.” And in 2013 it announced an order to sell the weapons to Saudi Arabia.

Laser Energetics Inc., 3535 Quakerbridge Road, Suite 700, Mercerville 08619;



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#35475   Wheres the beef? LNGT FrankWhite 05/30/18 10:57:59 AM
#35474   Goodluck getting someone to buy those LOL Awl416 12/29/17 11:37:37 AM
#35473   When news comes everyone will want them. I Pennybuster11 12/28/17 07:30:06 PM
#35472   Somebody please buy my 10k @.0006!! Lynnard 12/28/17 03:45:21 PM
#35471   Not hated. Controlled!! Lynnard 12/28/17 02:26:12 PM
#35470   LNGT~~look at L2, crazy thin to .01++ ,updates ALERTS100%to10000%GAIN 12/28/17 02:24:47 PM
#35469   holding 4m shares here,.01+++ coming, FLOAT so crazy ALERTS100%to10000%GAIN 12/28/17 02:23:13 PM
#35468   This is a low floater and updates are Pennybuster11 12/28/17 11:12:53 AM
#35467   What happened m1999? On to your next pump LOL Awl416 12/28/17 10:00:19 AM
#35466   Watch GLEC. It’s about to bust drczer 12/28/17 08:45:25 AM
#35465   Super low floater w/ a nice website. Pennybuster11 12/28/17 06:54:47 AM
#35464   LGNT~~~~~ ALERTS100%to10000%GAIN 12/27/17 09:53:55 PM
#35463   LNGT~~~ ALERTS100%to10000%GAIN 12/27/17 09:52:11 PM
#35462   its on website and email it ALERTS100%to10000%GAIN 12/27/17 06:34:07 PM
#35461   I guess you didn't hear from the company. LMAO tardigrade8 12/27/17 06:31:26 PM
#35460   LNGT~~Laser Energetics ALERTS100%to10000%GAIN 12/27/17 06:12:49 PM
#35459   LNGT~~ .01 ++++ going ALERTS100%to10000%GAIN 12/27/17 06:08:23 PM
#35458   updated lol,more info now ALERTS100%to10000%GAIN 12/27/17 06:03:58 PM
#35457   LNGT~~Laser Energetics Inc Class A, Inst Holders, 3Q ALERTS100%to10000%GAIN 12/27/17 06:02:24 PM
#35456   How did you contacted the company? tardigrade8 12/27/17 04:19:44 PM
#35455   LNGT~~CHARS REVERSALLLLLLLLLLLLLLLLLLLLL, here we go .0013 up ALERTS100%to10000%GAIN 12/27/17 03:23:42 PM
#35454   BACK in 000s gonzilee dumpfest. jeff66 12/27/17 03:10:58 PM
#35453   HMMM really LMAO what dreamland TIMMMBERRRRRRRRRRR jeff66 12/27/17 03:08:17 PM
#35452   updates from the company this week ALERTS100%to10000%GAIN 12/27/17 03:06:32 PM
#35451   u be correct NOBODY ELSE!!!!!! P&D jeff66 12/27/17 03:04:56 PM
#35450   What's going on here? PR coming? tardigrade8 12/27/17 02:38:47 PM
#35448   .0014 falling ,1 left ALERTS100%to10000%GAIN 12/27/17 02:29:54 PM
#35447   so who was buying? and gonzilee?? one else maninnepa 12/27/17 02:28:55 PM
#35446   LNGT~~follow the money always,mama reversal from .001 ALERTS100%to10000%GAIN 12/27/17 02:26:52 PM
#35445   LNGT~~.0014 up again ,this babe has to see ALERTS100%to10000%GAIN 12/27/17 02:25:32 PM
#35443   LNGT~~.001 forming a strong base,live charts in ALERTS100%to10000%GAIN 12/27/17 02:13:11 PM
#35442   NITE buying crazy at .001, some people sells ALERTS100%to10000%GAIN 12/27/17 02:11:06 PM
#35441   LNGT~~ 1 hour live chart ,REVERSAL here ALERTS100%to10000%GAIN 12/27/17 02:00:17 PM
#35440   LNGT~~set CRAZY for tomorrow ALERTS100%to10000%GAIN 12/27/17 01:58:22 PM
#35439   LNGT~~.0014 up ALERTS100%to10000%GAIN 12/27/17 01:57:26 PM
#35438   LNGT~~.001 falling ALERTS100%to10000%GAIN 12/27/17 01:56:59 PM
#35437   will accumulate and hold. low float. know the gonzilee 12/27/17 01:52:24 PM
#35436   LNGT~~chasing time tomorrow, here we go ALERTS100%to10000%GAIN 12/27/17 01:52:14 PM
#35435   Yeah and when you said TPIY was a Awl416 12/27/17 01:51:41 PM
#35434   L2 very thin now, here we go,LNGT~~ ALERTS100%to10000%GAIN 12/27/17 01:47:57 PM
#35433   that is what people said when i bought gonzilee 12/27/17 01:47:49 PM
#35432   LNGT~~week hands out, next leg up starting here ALERTS100%to10000%GAIN 12/27/17 01:46:23 PM
#35431   WHAT PEOPLE SAYS ABOUT US ALERTS100%to10000%GAIN 12/27/17 01:41:31 PM
#35430   LNGT~~“Being a student is hard, and having to ALERTS100%to10000%GAIN 12/27/17 01:40:36 PM
#35429   LNGT~~nice base above .001, forming next leg up, ALERTS100%to10000%GAIN 12/27/17 01:28:26 PM
#35426   LNGT~~got response from the company, updates this week,will ALERTS100%to10000%GAIN 12/27/17 01:17:19 PM
#35425   Not a new website, alerted almost a year ©PROPHETABLE 12/27/17 01:14:16 PM
#35424   LNGT~~900% UP, L2 CRAZYYYYY .0022,.0024..03,.10 CENTSSSSSSSS[[/col ALERTS100%to10000%GAIN 12/27/17 01:13:32 PM
#35423   LNGT~ ~82M FLOAT< < WEBSITE ALERTS100%to10000%GAIN 12/27/17 01:06:38 PM
#35422   lngt started like this before but with a gonzilee 12/27/17 01:06:16 PM